Belvoir Share Discussion Threads

[iamnotanumber6] 06/2/2024 00:26

Actually, they have purchased 25,000 - it's simply major shareholders have to disclose any purchases/sales when a company is undergoing a corporate action such as a takeover or merger.

[stewpot3] 05/2/2024 18:31

I see that Gresham House Asset Mgmt has acquired 16.62% of the shares. This stock could really take off from here imo.

[melton john] 20/1/2024 11:47

The above chart shows the commonalities of the two companies over the last 5 years. The two have watched each other and taken some of the best ideas I expect, the two CEO's seem to have a long standing relationship from a brief last ten minutes of the podcast that I managed to catch. I expect there has been an understanding not to encroach on each others territory and this merger seems the obvious conclusion. As long as the two teams are treated equally with no treating Belvoir like poor relations, it should do well. However, I expect some will walk away from both companies no matter how well the integration is managed. The franchisees will probably not see much difference if their immediate contacts don't change.

[melton john] 20/1/2024 11:32

free stock charts from uk.advfn.com

[riverman77] 19/1/2024 19:11

Thanks, I'm more thinking along the lines that if this deal falls through and someone else comes in for BLV at a decent premium. Probably unlikely but can't be ruled out. Have personally always preferred BLV of the 2 as they make such a good effort with getting their message out to retail investors, while their financial services side gives an extra string to their bow.

[hericsaba] 19/1/2024 12:35

If you want to buy in, it looks better BLV at the moment: you can buy BLV 259.6p (which is 322p new share price), while TPFG is 334.7p. So check both options as prices can change due to big spreads.

[gdjs100] 19/1/2024 10:50

BLV is trading at a slight discount still. You can work it out...

[riverman77] 19/1/2024 10:41

Have held BLV in the past and would be interested in buying again as think the greater size/liquidity could lead to an improved share price rating, on top of the scale benefits which should boost profitability. Any views on whether better to add BLV or TPFG at this stage?

[stewpot3] 19/1/2024 10:20

Disagree gre. Much stronger now, (twice the size), so will attract more attention from potential investors, funds, etc. I will be adding.

[gre] 19/1/2024 10:15

I watched the presentation on IMC yesterday and it simply reinforced my decision to sell out after the deal was announced. I am really disappointed that Dorian and Louise are only staying on for 12 months to assist in the handover. They have both been instrumental to the success of BLV and will be sorely missed.

This seems like a nil premium takeover rather than a merger to me!

[jolomo] 18/1/2024 17:07

Very poor presentation totally lacking any use. Will be voting against.

[1c3479z] 18/1/2024 17:06

would certainly conclude that Dorian is a more effective spontaneous communicator,
have to hope that synergies, which they're not allowed to go into in detail, are realised and there's no culture clash.
meeting very largely scripted which was disappointing.

[hericsaba] 18/1/2024 16:35

It's ON now, I'm really curious what will Dorain say about it

[jeegee] 16/1/2024 07:15

Chance for investors to hear directly from Gareth Samples and Dorian Gonsalves, respective CEOs of TPFG and Belvoir.

Investor Presentation via Investor Meet Company

On 18 January 2024 at 4.30 p.m. (GMT), Gareth Samples (CEO of TPFG) and Dorian Gonsalves (CEO of Belvoir) will provide a presentation (the "Presentation") relating to proposed recommended all-share merger of TPFG and Belvoir (the "Merger") via Investor Meet Company.

Defined terms used in this announcement have the meanings given to them in the announcement of the Merger, by TPFG and Belvoir on 10 January 2024 (the "Merger Announcement").

At this Presentation the benefits of the Merger envisaged by both CEOs will be summarised, including the reasons why the Merger should be attractive to TPFG and Belvoir Shareholders alike.

The Presentation will be open to, amongst others, all shareholders of TPFG and/or Belvoir. To access the Presentation, investors can sign up to Investor Meet Company for free using the following link:

hxxps://www.investormeetcompany.com/belvoir-group-plc/register

Those who already follow TPFG or Belvoir on the Investor Meet Company platform will automatically be notified and invited.

If TPFG and Belvoir Shareholders wish to raise questions in advance of the Presentation, they can do so via their Investor Meet Company "dashboard" accessible through the links above. All questions must be submitted prior to the Presentation and must be received by no later than 9.00 a.m. (GMT) on 17 January 2024. To the extent that the TPFG and Belvoir CEOs are able, and in line with restrictions and obligations applying under the Takeover Code and under applicable law, they will endeavour to answers as many of those questions as possible, during the Presentation or after it. A recorded version of the Presentation and associated materials, will also subsequently be available (subject to certain restrictions relating to persons in Restricted Jurisdictions) via the respective websites of TPFG and Belvoir, until the end of the Offer Period, at www.propertyfranchise.co.uk and www.belvoirgroup.com/offer-for-Belvoir/.

Enquiries: [e-mail]

[gdjs100] 12/1/2024 22:39

Lots of other small caps were down this week that had had a good run in November and December. I would put it down more to that than any deal-specific concerns.

[parttime] 12/1/2024 20:52

I'm missing something here(or over analysing) and it's probably going to be obvious when I see it.

Both companies are down after the announcement TPFG -12.4%, BLV -6.5%. Initially I was only looking at BLV and suspected shareholders were unhappy losing Dorian and/or not being too happy with TPFG leadership but then I noticed TPFG had dropped also, so are their shareholders unhappy with something in the BLV group? I think unlikely as 56% of shares have been pledged (vs 31% BLV) to the merger so is the another reason? Is there a technical reason for this and could be down to funds unwinding hedged positions? (I don't hedge and have limited knowledge on the intricacies so go easy on me) If it is simply down to a technicality could be a good time to be buying some TPFG on the dip.
Just some musings at the end of the week. GLA

[stewpot3] 12/1/2024 18:03

Clearly a lot of red tape to sort out with this merger, but no reason to believe that the combined company will not continue to thrive. Very sound business model,and still very much in an upward trend imo. Bit of profit taking after a stellar run from September last year.

[westcountryboy] 11/1/2024 21:23

If you overlay BLV onto TPFG over 5 years, the stocks perform almost identically, so there has been no premium for Dorian's management. They have both sold off since the merger announcement. That seems irrational to me.

[stewpot3] 11/1/2024 16:47

Well, its for sure the market doesn't like it so far.

[2wild] 10/1/2024 23:14

This is such a great little company. Really disappointed, they are not being taken out at a nice premium. Perhaps Someone else will take a look. Although not very likely, unfortunately.

[gustavfenk] 10/1/2024 09:17

Take your grubby hands off my Belvoir!

[eeza] 10/1/2024 07:41

T/O in all but name 48% to BLV and 52% to TPFG. Hence small premium.

[18bt] 10/1/2024 07:36

Well, wasn’t expecting that as I thought Dorian and Louise would continue for a few more years. But the additional scale and scope for cost savings and the continued AIM listing seem to make it a sensible deal with scope for faster earnings growth.

[jolomo] 18/12/2023 13:42

Not a good look:
hxxps://thenegotiator.co.uk/estate-agency-faces-being-struck-off-letting-register/

[2wild] 17/11/2023 22:35

Ticking up nicely this week. Hopefully the Santa rally has started early this year. And not just another False dawn.